Agtools Inc
View this filing on EDGAR (filing index, accession 0001669191-25-000534) | All Form C filings by this company on EDGAR
Filing details
| Company | Agtools Inc | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | NetCapital Funding Portal Inc. | (Form C, issuer information) |
| Filing date | 2025-11-18 | (EDGAR filing index) |
| Date of incorporation | 2017-11-08 | (Form C, issuer information) |
| Employees | 2 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2026-02-20 | (Form C, offering information) |
| Platform compensation | Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000 | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $203,792 | $537,896 | (Form C, financial summary) |
| Cost of goods sold | $67,260 | $93,587 | (Form C, financial summary) |
| Net income | -$1,553,869 | -$2,154,986 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $108,109 | $180,670 | (Form C, financial summary) |
| Accounts receivable | $13,304 | $171,012 | (Form C, financial summary) |
| Total assets | $248,156 | $549,175 | (Form C, financial summary) |
| Short-term debt | $719,731 | $229,792 | (Form C, financial summary) |
| Long-term debt | $1,482,642 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001669191-25-000534, 0001669191-26-000035.
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001669191-25-000534, 0001669191-26-000035.
"ents with related parties, including significant shareholders or entities under common control."
"ents with related parties, including significant shareholders or entities under common control."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.agtechtools.com/gofundyourself
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